SHA:688322

Nomura Adjusts Orbbec's Price Target to 130 Yuan From 115 Yuan, Keeps at Buy

Orbbec Forecasts Decline in 2026 Related-Party Transactions

Orbbec (SHA:688322) forecasted 165 million yuan in 2026 routine related party transactions, lower than 261.5 million yuan last year.The transactions involve purchasing raw materials, selling products, and providing services primarily with Ant Group entities and Hangzhou Shanyi Intelligent Technology, according to a filing with the Shanghai bourse.Shares of the electronics components distributor were up 1% in recent trade.

Orbbec Turns to 2025 Profit, Revenue Climbs 67%

Orbbec (SHA:688322) posted 2025 attributable net profit of 70.9 million yuan, compared with loss of 112.2 million yuan the previous year.Earnings per share stood at 0.32 yuan, versus loss per share of 0.16 yuan last year, according to a filing with the Shanghai bourse.Operating revenue climbed 67% year over year to 940.7 million yuan from 564.5 million yuan.Shares of the electronics components distributor were up 1% in recent trade.